You can fool all of the people some of the time...

I read an article in last week's Economist about inflation in women's clothing sizes .The manufacturers get away with it because it is not a recognised measure per se  but an indication of other meaurements. To boot , the customer feels better that she can fit into what she thinks a a smaller size (or at least not gone up a size) . Just imagine if the accountancy profession could devise a similar means of measuring performance. Instant flattering of the figures that nobody notices and everybody willingly accepts because it suits them. I have a sense of deja vu


Greek debt

JC | | Permalink
Flying Scotsman's picture

Fooling the people

Flying Scotsman | | Permalink

Exactly my point - hence the deja vu mentioned

Interestingly the aforementioned Economist article also noted that some measurements for men that were stated were incorrect . I suppose that is a misdescription of some sort and the rotund punter with a 42 waist slipping into a 38" ain't gonna run to trading standards.

If it fits , you wear it. Period


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I've been blogging on my website for some time with my non-PC view of the world of economics,business and other stuff. If you like to read the views of somebody who doesn't "toe the party line" you've come to the right place. Government cock-ups, financial turmoil , business scandals and people's behaviour - I've got something to say about it , whether you like it or not.